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TODAY'S NEWS

today’s news for Tuesday, July 7, 2020

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NEWS FROM NASFAA

The House Labor, Health and Human Services, Education, and Related Agencies (Labor-H) Appropriations Subcommittee on Monday released its fiscal year 2021 spending bill, which would provide a total of $73.5 billion in discretionary funds for the Department of Education (ED), an increase of $716 million from fiscal year 2020 and $6.9 billion from President Donald Trump's budget request. The measure counters Trump’s budget proposal that offered a slew of new policy proposals aimed at setting loan limits for students and parents and restructuring the Office of Federal Student Aid (FSA), alongside significant cuts to federal student aid programs.

Following a dismal spring of FAFSA submissions due to the disruptions caused by the novel coronavirus, renewals of the application for federal financial aid are starting to level out, registering just a 1% decrease through the middle of June compared to the same time last year. Bill DeBaun, director of data and evaluation at the National College Attainment Network (NCAN), tracks FAFSA completions and renewals by logging the data provided by Federal Student Aid (FSA) bi-monthly and said the recent figures are encouraging.

Immigration and Customs Enforcement (ICE) on Monday announced changes to the Student and Exchange Visitor Program (SEVP) for the fall semester due to the ongoing pandemic, making clear that those in the United States studying through SEVP must leave the country if they are enrolled exclusively in online-only courses. This new rule will mean those already in the country enrolled in such programs must either leave or look for other options to ensure they are enrolled for in-person courses, such as transferring to a school offering in-person instruction. Students who do not take such measures may face immigration consequences including, but not limited to, the initiation of removal proceedings. The notice will be published in the Federal Register as a temporary final rule.

COVID-19 ASKREGS

AskRegs

This AskRegs Knowledgebase Q&A has been updated to reflect June 16, 2020 updates made to the March 5, 2020 Electronic Announcement, which expands the following flexibilities for standard term programs and extends the timeframe for those flexibilities through the end of the academic year that includes December 31, 2020 or the end date for the COVID-19 federally declared emergency, whichever occurs later. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase. 

AskRegs

No. Effective with publication of the Interim Final Rule on June 17, 2020, only students who are or could be eligible to participate in the Title IV programs under Section 484 in Title IV of the Higher Education Act of 1965, as amended (HEA) [20 USC 1091(a)], may receive HEERF emergency grants to students. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

AskRegs

This AskRegs Knowledgebase Q&A has been updated to reflect June 16, 2020 updates made to the March 5, 2020 Electronic Announcement, which expands the following flexibilities for standard term programs and extends the timeframe for those flexibilities through the end of the academic year that includes December 31, 2020 or the end date for the COVID-19 federally declared emergency, whichever occurs later. View the full answer to this question to learn more and search for answers to your other pressing regulatory and compliance questions, in NASFAA's AskRegs Knowledgebase.

NASFAA UPDATES AND ANNOUNCEMENTS

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The challenges and financial difficulty surrounding COVID-19 have impacted our families, colleagues and students we serve. As families look for creative and alternative ways to pay for college, personal credit is more important than ever. In this July 9 webinar, sponsored by College Ave Student Loans, an Experian credit expert will guide attendees through protecting and managing their personal credit, as well as advising students, during the crisis. This 60-minute webinar is free to members, but you must register in advance.

As colleges and universities continue to make plans for the fall semester, the American College Health Association (ACHA) will host a virtual summit, COVID-19: Planning for Now, Building for the Future, on July 28-29, 2020, from 12:30-4:30 pm EDT. During this time, it is crucial "to think creatively about keeping our students, faculty, and staff physically and mentally healthy and what campus health and well-being looks like on the other side of COVID-19," ACHA said. Breakout sessions on the first day will focus on section-specific issues, while those on the second day will focus on issues to be addressed collaboratively, culminating in tabletop drills during which you can work through real life scenarios with similar-sized institutions. Those interested may register online.

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